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'am. >> greta: straight ahead, president obama versus the speaker of the house, john boehner, digging in their heels on avoiding the fiscal cliff. time is running out. the latest is next. another bush family member is getting ready to run for political office. which one is it? start guessing. that's coming up. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> well, it didn't take long, talk of compromise, post postelection, turning into stalemate. john boehner and barack obama not budging as we rapidly approach the fiscal cliff. >> 2013 should be the year we begin to solve our debt through tax reform and entitlement reform. i a
of the house, john boehner are telling different stories. will they break the stalemate? >> greta: late today, david petraeus abruptly resigning after admitting to an extra-marital affair with his biographer. that's bad. but it gets worse. the resignation just days before general petraeus was set to testify at congressional hearings. coincidence? >> good evening, how are you? >> greta: i'm very well. congress pan, the affair, i mean, for the most part, i am trying to separate this out. it is a matter for general petraeus and his wife. but there is -- there is some parts of it that do have an implication. one is whether or not it's a security breach and that it should have been picked up and turned over to the house intel commits and whether or not that could be used as blackmail against him. your thought, sir? >> well, even someone as lowly as an assistant u.s. attorney has to undergo a background check with very invasive questions and you are expected to tell the truth and you are asked under penalty of perjury. so you can increase that expoinentially. i am sure they would have liked to have
speaker john boehner on this? as you remember during the 2011 negotiations, they tried to get a grand bargain. a $4 trillion deficit reduction that would have included cuts to medicare and medicaid, but also some tax increases. ultimately that deal fell apart. there are some democrats that would like to see the president try to go big again in this second term. now the white house pardoned by some of the comments that john boehner made by saying that he's willing to come to the table to talk to the president about that. as you pointed out, he said that does not include tax increases for the wealthy. but i have been talking to some of my republican sources on the hill who say the speaker's language is important. it suggests a potential willingness to work with the president on the issue of taxes, which is of course the big sticking point. what does that mean? we don't know. it could mean eliminating deductions for big corporations for the wealthiest americans. those are the details that will have to be hammered out. but that report by the congressional budget office, which essentially
in the senate, picking up some seats in the house, not a huge number. if you're john boehner in the press conference he had, one of his lines was, i think we have a lot of work to do as it relates to the republican party. the republican party is trying to figure out what happened and i don't know if in the midst of a what happened self-examination you really want to go into a huge political fight with the consequences you've just outlined with the president of the united states. >> mark halperin, do you agree that the president has the leverage right now and all the signals from john boehner are that first of all, be he wants to make a deal, perhaps returning to the bargain that was left on the table, and that this time he has the support of eric cantor and others, not all of the conservatives, the fiscal hawks in the house caucus, but of the leadership. >> i think all the movement since the elections towards a deal as chris said in part because the president's win was bigger than people thought in part because the balance of power in the senate coming up. the big questions, who will the
a big deal or grand bargain with the republic speaker john boehner. during election year we haven't heard any of that because they were fighting so much. now the president saying how he wants a deal. speaker boehner all recent days been saying all the right things. it's interesting that today the president didn't really move an inch toward the republicans and speaker boehner had some comments that suggested he is not ready to move towards the president. take a listen thrrvettle are ways to put revenue on the table without increasing tax rates. we have talked about this now for over a year. you could -- there is all kinds of information and data out there. but, getting into the specifics of that at this point would not be conducive to trying to come to an agreement with the white house. >> so the bottom line is that neither side has -- president at his news conference today or john boehner in his conference have gotten into the tough specifics about what's going to happen to taxes, what's going to happen in terms of spending cuts to try to get a big debt cut maybe up to $4 trillion
the time we have. greta's next. >> greta: tonight, speaker of the house, john boehner reaches out to president obama. what does president obama do? he makes travel plans to leave the country. go figure am meanwhile, we are dangerously close to the edge of the fiscal cliff. >> folks, what is going to happen in the next four years fobama is true to form, that's the problem here. the mechanism for recovery is isn't going to be there. >> raising taxes on small business people is the wrong prescription, given where our economy is. >> is it on the table to talk about it -- the wealthier americans -- >> i made it clear yesterday, raising tax rates is unacceptable and it couldn't even pass the house. >> i would like a real republican party to am come back because the democrats need to have their feet held to the fire, also. but you need to have -- [overlapping dialogue] >> you can't have crazies running a party. on both sides. >> by the way, california is where we are head audio california is almost, folks, a microcosm of where the country is headed. >> i mean if they are balkanized out t
. you heard everyone singing the kumbaya tune. you heard john boehner talking about the fact on the issue that has divided them on the fiscal cliff issue saying clearly that hedoes not want to raise taxes. he did say that maybe he would be for some kind of raising some kind of revenue. he didn't say what that means but talked about broad tax reform. on the other side of the capital. you saw right there the senate majority leader harry reid feeling like he has leverage here, it was a clear-cut issue, but also because of the mechanics of it. if nobody does anything, taxes will go up. so democrats realize that, they feel like they are probably right. >> there was a private conference call that he had, what do you know about it? >> we were told this was a call where all house repubca were on it. he was sober and he tried to buck everyone up and said that we are the lift line of defense from an america that barack obama would design. he had a clear message which was hold your fire. i need to have running room. i need to have running room to figure out how we can do this the right
looking drab. >> paul: house speaker john boehner extends an olive branch, how much will they [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've bought ragu for years. [ thinking ] woer what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relf ] [ male announcer ] choose taste. choose prego. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. 50% more spy stuff. what's in your wallet? this car is too small. >> the american welcome have spoken and they've reelected president obama and reelected a majority in the house of representatives. a mandate for us to find a way to work together on the solutions to the challenges
seemed to be that john boehner couldn't bring to the table his side. the president, i thought, was willing to do exactly what you just suggested, to take some heat from the left and of the spectrum, make the deal and make concessions, see what the other side needed and i think boehner on his own could agree to that, he did but couldn't match the gang of six and couldn't get the tea party to go along without a mutiny. >> what of the tea party? we've had an election, the president has been re-elected the senate is now back in -- remains in democratic can hands. republicans are not feeling good about the path forward for the party demographically speaking. how much does this sway does the tea party have in the negotiations? >> we want to get him involved. >> certainly they're neutered from where they were two years ago. all of that -- you saw tight races, michele bachmann squeaked it out, alan west is most likely going down. all that being said we won't know the answer to the power they have until the civil war within the gop plays out. if you have folks like eric cantor, who has
. >> you can see how he responds to john boehner, said this week, signaled that he's willing to accept maybe the government will collect some more revenue, but let's not raise tax rate. let's get rid of deduction and benefits of simplicity there and thinking about trying to get economic growth. i think if the president responds by saying let's do a bipartisan reform instead of demanding trillions in new tax revenue, then i think that would be a good thing. >> paul: one of the thing boehner, my sources are saying, they would like to do is to get the president extend the bush tax rates for another year to avoid an immediate blow to the economy and time to negotiate a larger tax reform and entitlement deal. if the president insists, said, look, i litigated taxes in the election, tax rates are going up right away and automatically are and i'm going to insist on that, then do you think we're back to the barricades? >> that's a sign that the first term was instructive and the des moines register was not, that he's going to stay to the left. he's also, he's facing another eform must challenge
working across the aisle. yesterday john boehner said he would work. and harry reid mentioned he likes to dance but can fight. >> the american people have spoke yen they reelected president obama and again a republican majority in the house of representatives and there is a man date in yesterday's results it is a man date for us to work together on the solutions and challenges that we face as a nation. >> the american people us to work together . i know how to fight and i know how to dance. i don't dance as well as i fight but i would rather dance any time. the way to get things done to work at this time. we need republicans to help us. i repeat to have the leader of the republicans in the senate say his number one goal to defeat obama and that's how we legislated. >> steve: that was two days ago. come on and smell the poll results. say we hold a majority in the house of representative and so we have a man date as well >> gretchen: this is what the american people are so tired of. listening to the back and forth and back and forth and nothing gets done. nothing gets done. if you want m
tax rates for the wealthy. that's something that house speaker john boehner doesn't seem to be buying. listen. >> raising tax rates is unacceptable. and, frankly, it couldn't even pass the house. i'm not sure it could pass the senate. >> without a budget compromise, drastic cuts amendmently kick in. that, of course, could send the economy spiraling back into a recession. white house correspondent brianna keilar is live for us this morning from washington. john boehner was the guy who said he didn't think a lame duck congress could do big things. what can be done in the next, what did i say, 53 days? >> well, maybe finding some sort of stopgap measure. some sort of framework on tax reform, soledad. i think that's the goal here. the fact is, house republicans and president obama and senate democrats, they don't really have a choice. they have to do something, and that became very clear yesterday when the cbo put out a report showing that if the country goes over the fiscal cliff you're looking at economic calamity. you're looking at unemployment ticking up, perhaps two points. you're lo
alone. and election results are barely dry and john boehner and president obama buting heads. key disagreements are whether taxes should be raised on wealthy americans. neither seem willing to compromise on that. >> and a pair of college basketball was cancelled because the floor was not in ship shop. florida left georgia in half time. there was so much condeization on the floor the game was cancelled. >> and over the next few weeks, top republicans are taking a closer look at what went wrong in the election cycle and how to fix it they are talking to donors and house majority leader john boehner said there is no tea party to speak of anymore. does the republican party need to change the image joining us now is shawn and amy. welcome to the woth of - both of you. i know it is it a disappointing week that you are reacting tompt there is it a lot of soul senching going on saying that the republican party need toz get a grip and take a look at where it missed the mark in the past election, shawn, a lot of the folks are upset that the republican party did not factor in the real vibe w
leader john boehner said there is no tea party to speak of anymore. does the republican party need to change the image joining us now is shawn and amy. welcome to the woth of - both of you. i know it is it a disappointing week that you are reacting tompt there is it a lot of soul senching going on saying that the republican party need toz get a grip and take a look at where it missed the mark in the past election, shawn, a lot of the folks are upset that the republican party did not factor in the real vibe with the youth vote, women and hispanics. >> look we lost but we did a lot of things well. our ground game was strong and did better in the battle ground states than in 2008 and president obama did worse than in 2008. fund raising was off of the chart. >> we got breaking news to alert to. the associate press is now reporting that thitate of florida was an obama win. florida topping rom no. 332 to 206. that's the way it stands. this had to take place over a period of days and so we know shawn florida goes in the obama colume. >> another nail in the coffin. part of the what we need
not include a tax increase for the wealthiest americans, suzanne. >> jessica, we heard boehner, john boehner, actually within the last 30 minutes or so talking about that there are ways to raise revenue and spending cuts as well in a all options are on the table. do you think the white house sees that as some sort of opening, if you will, to negotiations? >> i think both sides are hopeful there is wiggle room for negotiations. everyby knowthat sething s to gone becauseh economy will take such a serious hit if it doesn't. here is where i see the battle line right now. republicans on capitol hill tell me they are willing to raise revenue. that's a big change. they are willing to raise revenue, but without a change in the tax rates. the president has said that the highest earning americans have to pay more. congressional republicans saying no change to the tax rates. that's a big difference of opinion. they'll have to find a way to bridge that divide. beyond that, they're willing to compromise on entitlements. they're willing to find cuts, so there does seem to be room for compromise. there's a
with house speaker john boehner. to begin talks on how to prevent the country's economy from going over the so-called fiscal cliff. both boehner and snart majority leader harry reid sounded conciliatory notes yesterday. >> mr. president, this is your moment. we're ready to be led. not as democrats or republicans, but as americans. >> it's better to dance than to fight. it's better to work together. >> boehner even opened the door to raising new revenues, code for taxes, though not through tax rates. he does put on some conditions. >> in order to garner republican support for new revenues, the president must be willing to reduce spending and shore up entitlement programs that are the primary drivers of our debt. >> so that is a shift in a negotiating position. now boehner suggested temporarily extending the current tax rates, pushing serious negotiations on a broader tax deal into 2013. while the president has hinted in the past that he's willing to include the issues of social security and medicare in the fiscal negotiations, what's not clear is whether the rest of his party is going to
that obammal triangulate, moderate? >> i agree. >> sean: i am looking at john boehner tonight. i am thinking, he was the headline on abc world news, boehner exclusive, raising taxes, new revenue on the table. why is he caving when obama is the one who needs this deal more than anybody? why is he caving before it starts? >> he is caving because he knows there has to be a deal. the market was down 4 50 points in two days? >> that's the pressure on obama. >> but after an election that you lose, the american people want conciliation. center-right country doesn't mean-- >>> we there to go. >> i don't think we lost the election. we held the congress. >> same thing. >> sean: all of this process, we are in the same boat we were in before. >> $300 billion-- >>> $6 trillion in new obama debt. harry reid took his victory lap and delivered some disturbing remarks, he has ideas about limiting republicans' ability to oppose democratic initiatives in the senate. are we looking at serious abuse of power? will he be successful? will republicans hold the line? that's all coming up. [ metal rattling ] ♪ boo!
president barak obama and house speaker john boehner have both vowed that they will not let this happen. but is that even possible given today's decisive political climate? before we get into the discussion, let's first listen to what both men had to say. >> this is an opportunity for the president to lead. this is his moment. >> i'm committed to solving our fiscal challenges, but i refuse to accept any approach that isn't balanced. >> arthel: let's talk about it now. matt is the former white house political director under president george w. bush. alexis is the executive director for the american values institute. good to see both of you. >> great to be here. >> arthel: very good. so let's say that each of you is going to broker this deal. tell me the concessions you would make and what would be the deal breakers. i'm going to go with you first, matt. >> okay. so i'm in the seat of power. i guess if i'm a republican, i want to make sure that if i'm going to negotiate a deal that i've got real concessions in terms of getting a comprehensive tax reform bill and we've got real concessions
. >> that was speaker of the house, john boehner, talking about the looming fiscal cliche. republicans are ready to sit down at the table with president obam a. but is he prepared to compromise? listen to when he had to say earlier today. >> i want to be clear. i am not wedded to every dedale tail of my plan. i am open to compromise. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me making over $250,000 are not asked to pay a dime more in taxes. i am not going to do that. i want to point out, this was a central question during the election. it was debated over and over again. and on tuesday night, we found out that the majority of americans agree with my approach. and that includes democrat independents and a lot of republicans, throughout the country, as well as independent economists and budget experts. that's how you reduce the deficit. a balanced approach. so our job is to get a majority in congress to reflect the will of the american people. >> joining me with reaction are the author of who is the fairest of them all, steve moo
? john boehner indicated, revenue is possible, but we're not raising tax rates. where is there compromise? >> i think where there's going to be a compromise on taxes, this be would be a good thing on the economy, might exchange lower tax rates in return for a reduction in all the loopholes that as it is distort economic activity. so if boehner were able to achieve that kind of compromise, that's one that the republicans could be pleased with. the bush tax cuts are gone, they're expiring, and the president said that 250,000 below, he wants that extended, but for those making more than 250, will the bush tax cuts come to an end? >> i don't think so. i think actually the they won't come to an end because the democrats don't want major reduction in spending, if you hit the cliff, the spending would go down and politicians love to spend money. an extension of the bush tax cuts, less we're blessed by the relatively few, jeff baso, the late steve jobs, you want to remove the barriers to their production, not raise them. >> mike: john, we're not going over this cliff, are we. >> there's no way we
obama sits down with can john boehner to help save our country from recession. how does that go. >> raising tax rates is unacceptable and frankly couldn't pass the house. >> so will they be able to compromise and how will they do this? your second amendment rightts at risk. what the president just signed that has many people worried. >> steve: we'll be right back. [ male announcer ] when was the last time something made your jaw drop? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger. but after a long day of helping others, he gets some helpful advice. just two aleve have the strength to keep back pain away all day. today, jason chose aleve. just two pills for all day pain relief. try aleve d for strong, all day long sinus and headache re
democrats and republicans stop it all. house speaker john boehner wants a deal on spending cuts. president obama says that is not enough. >> if we're serious about reducing the deficit we have to combine cuts with revenue. >> joining us is jonathan strong. even if tax rates went up on the wealthiest households earning more than $250,000 a year the president, as the president demands, this would actually do almost nothing to reduce the deficit. i look at the joint tax committee report of conscious saying it would reduce the deficit only by 7%. that is 7% out of $1.1 trillion. in many ways is the president's solution more of an illusion? >> he is trying to sell this as a matter of fairness. he seems to be making progress politically on that front. you have a good point. another good question, there isn't any theory this would help the economy. the estimates are it would hurt this the economy. is now the right time for that? people are still hurting out there. >> gregg: the president is claiming, you heard him say this -- he has a mandate for raising taxes. i'll quote him. he said on tuesday
't been willing to do that. we will see. i thought john boehner said it right, we are inviting you to lead. >> greta: the thing that cannot be ignored is that we are a year past, when we knew the committee or limp a year -- almost a year past. and if leadership is what was needed and if you sign that to president obama, he hasn't done that. we are pushed up a -- against a deadline with very serious decisions. do you think the house and the senate and the president will resolve this by january 1? or are they going to kick it down the road again? >> congress has a long history of preferring to kick the can down the road. there is no question about that. however, this is a much more serious thing that they have come up against than i have ever seen before, in terms of the budget and then the fiscal cliff. what do i think will happen? hopefully, they will agree on a framework. you are not going to do tax reform in the next 6 or 8 weeks. you are not going to do entitlement reform in the next 6 or 8 weeks. i think what we should hope for, that they get serious together, see a path and say, okay,
here for the republicans is the spokespersons of the party, whether mitch mcconnell or john boehner and whoever it might be at the national level, i'm not sure who else that could be at this point, they have to understand that everybody listens now. we live in a different media age. and when you talk in very extreme voices or out-of-touch voices, you alienate voters and you don't win them back when it comes election day. >> great to see both of you. thank you. >>> also making news this morning, investigators are trying to figure out the cause of that massive explosion in indianapolis that killed two people and damaged at least 50 homes. it happened saturday night and it was heard several miles away. some residents thought it was an earthquake. officials say 31 homes may have to be demolished. >>> if you can believe it, it's been two weeks since hurricane sandy hit the northeast and almost 90,000 customers are still without power in parts of new york, new jersey, connecticut and west virginia. new york governor andrew cuomo says he'll ask the federal government for at least $30 billi
for the country when it comes to fiscal cliff. >> glor: house speaker john boehner held a conference call with his members telling them compromise was needed. obama senior advisor david axelrod called boehner's comments to members encouraging. >> i think there are a lot of ways to skin this cat so long as everybody comes with a positive, constructive attitude toward the task. >> glor: if the automatic spending cuts happen, exactly 50% of the board without fall on the pentagon. national security correspondent david martin lays out what that would mean. e> reporter: the dreaded sequestration would double the $500 billion in cuts the pentagon is already planning to make over the next decade. defense secretary panetta has not minced words about what that would mean. >> if a sequestration is allowed to go into effect it will be a disaster for national defense. >> reporter: according to panetta the new american strategy of pivoting away from the wars in iraq and afghanistan toward the pacific and an emerging chinese superpower would come undone. >> all of that can go to hell if this congress doesn't fac
's possible with john boehner saying okay, we will get rid of some deductions that rich people enjoy that the president is now going to have his bluff called. i think is he going to get some tax increases on rich people, will he actually reform the entitlement spending? >> you are in charge, what is the compromise? >> well, i think the big part of the compromise, boehner has to get is the spending cuts have to happen now. people talk about this sequester and government spending might get cut. most of it is in the future. he has got to get in the hundreds of billions in year one to say we are actually turning this ship. >> james freeman from the "wall street journal" thanks for coming in with your expertise on. this thanks. good to be here. >> your tax dollars going to pay for sex change operations? what? we'll tell you where this just has been given the green light. >> then, it's been two weeks since super storm sandy and thousands of people are still in the dark this morning. they have been left freezing over these past weeks. so where is the help? our own brian kilmeade is going to
Search Results 0 to 49 of about 80 (some duplicates have been removed)